Quote:
Originally Posted by striperman36
I'm not focussed on the Union aspect of this. Companies have record cash on hand, but not hiring, 'because the economic climate' does not show the need to.
Well, sure maybe some people need to look at other professions for work but for alot of people it's we can't hire you, we have the positions but we aren't filling them
Or we can only give you 28 hours or whatever it is to keep them under the full-time level so they don't have to pay benefits and hire another person to make up the other hours of the role.
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True, what you said is definitely true.
However, if those businesses are sitting on that cash, instead of spending it, then there must be a reason for that. Most of those businesses are not charities, and it would be reckless of those businesses to spend that money until it makes sense for them to do so. If those businesses had a reason to believe that they could increase profits by spending that money, then they would have every incentive to do just that.
When a business has no idea what its tax rate is going to be, and no idea how much its health insurance costs will be, it makes it harder to know if now is the right time to make an investment.
I don't see what it good it does to blame the business. If the climate makes it better to sit on cash than to spend it, why blame the business for that? Why not focus on fixing the climate, to make it more conducive for rewarding growth?